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Cross-country studies of growth and policy : methodological, conceptual, and statistical problems

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  • Levine, Ross
  • Renelt, David

Abstract

This paper reviews the conceptual, methodological, and statistical problems associated with drawing inferences from cross-country regressions. The authors elaborate on the particular problems associated with empirical attempts to link particular policies with long-run growth. They hope to stimulate improvements in the design, implementation, and interpretability of cross-country investigations and to caution readers about the confidence they place in existing findings.

Suggested Citation

  • Levine, Ross & Renelt, David, 1991. "Cross-country studies of growth and policy : methodological, conceptual, and statistical problems," Policy Research Working Paper Series 608, The World Bank.
    • Handle: RePEc:wbk:wbrwps:608
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    References listed on IDEAS

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